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Topic: So many new ICO, how to check if it's scam? - page 9. (Read 14833 times)

newbie
Activity: 110
Merit: 0
You need to invest in the great team and good project. You should make an investment in different ICO. Do not expect only 1 project.
Not all ICO rating sites are created equal. I highly recommend sticking to the ones that don’t accept public ratings and reviews, such as smithandcrown.com and ICORating.com.
newbie
Activity: 43
Merit: 0
You need to invest in the great team and good project. You should make an investment in different ICO. Do not expect only 1 project.
newbie
Activity: 224
Merit: 0
good topic,i also to know how to check which ICO scam,with me i read whitepaper to see everything,member have to clear,ICO is rated by WEB rating about ICO as icorating and see information on bitcointalk,ICO have to telegram,facebook and twitter and they always support the investor...
member
Activity: 196
Merit: 10
only your research will help you determine whether to invest in it or not.
hero member
Activity: 952
Merit: 500
I don't really know to detect it. at least you should see telegram group, or bounty manager. and if there is still information from the bounty manager and there is still communication, I'm sure it's not a scam.
using sites such as ico bench and also looking for ico revewi in steemit and also medium to get information whether ico is indeed not a scam. because the actual telegram can still be manipulated
sr. member
Activity: 462
Merit: 251
I don't really know to detect it. at least you should see telegram group, or bounty manager. and if there is still information from the bounty manager and there is still communication, I'm sure it's not a scam.
You are very naive if you believe that these things prove the reality of the project. There have already been many projects where all such things were done at the highest level, but in fact it turned out that the team did not even plan to start work. They were only engaged in raising funds.
member
Activity: 260
Merit: 10
So many new ICO, and they all have new idea and tech listed on their webpages,

and even the websites use the same template...

but so many new ICO, how to check if it's scam, or worth to invest...
Well before investing in a certain ICO think wisely first consider some aspects that are very relevant and helpful in your investment. For example consider the aspect of feedback try to research first the stand of the certain ICO if it is progressive or not then maybe it wasn't successful or scam then see the feedback of the other investor if their payout or investment is successful. Then research who is the manager what his/her is background regarding investing in different ICO's so that you have a prior knowledge on what that you have been taken. In the end there is no regrets with the way you chose.
newbie
Activity: 15
Merit: 0
I usually study all available project documents. Then I look for information about the team, previous experience and past projects. For me, the team's reputation means a lot when choosing ICO for investment
jr. member
Activity: 50
Merit: 1
I'm really embarassed, why people don't do a proper research about projects. Scams are getting a real problem and who has thought after BitConnect, they'll be warned, was wrong. Other side too, people are fast in spreading scam accusations and this ist also very dangerous for good projects getting tagged as scam athough they aren't. I hope everyone will calm down and do some good analysis before judging.
what kind of good analysis? until now I also difficult to distinguish ico scam and that is not a scam. can you explain me how to analyze your ico?

Just doing the basics: read whitepaper, check the team, their experiences and if it's possible to achieve the goals, project difficulty and possibility, and check all their channels if there are contradictions. But by this it is not possible to evaluate, if an ICO is succesful or not, like envion.
copper member
Activity: 301
Merit: 10
simply getting the job done
So many new ICO, and they all have new idea and tech listed on their webpages,

and even the websites use the same template...

but so many new ICO, how to check if it's scam, or worth to invest...
I thought that you can find real reviews on the ICOBench website, but someone here proved that we can´t trust them anymore.
So, I also don´t know how to find trustworthy ICO.
member
Activity: 221
Merit: 10
explore their projects chat with developers to make the right decision.
full member
Activity: 588
Merit: 100
I do not think that in general there is any magic tool that could tell you that scam and what not scam, so you need to include your brain and draw conclusions yourself, this is the world in which we live, this is not a simple world.
newbie
Activity: 126
Merit: 0
I'm really embarassed, why people don't do a proper research about projects. Scams are getting a real problem and who has thought after BitConnect, they'll be warned, was wrong. Other side too, people are fast in spreading scam accusations and this ist also very dangerous for good projects getting tagged as scam athough they aren't. I hope everyone will calm down and do some good analysis before judging.
what kind of good analysis? until now I also difficult to distinguish ico scam and that is not a scam. can you explain me how to analyze your ico?
newbie
Activity: 126
Merit: 0
1) Read the white paper (focus on their economic model)
2) check the founders
3) check the website.
You can use an a-priori probability of ~97% that you are looking into a scam/unprofessional garbage. So only if you have been amazed by the above mentioned 3 topics and have no doubts whatsoever, there is some chance that you are looking into something worth more than nothing.
jr. member
Activity: 182
Merit: 4
Sometimes before I invest in any ICO I check their website for their youtube link. They say seeing is believing; I always want to see the team involved in the ICO, where they are, and a possibility of completing the project. People cannot do much to hide their identity on youtube..lol
member
Activity: 210
Merit: 10
There are so many ICOs in the market. It continues increasing day by day. I do not think any reduction is involved.
full member
Activity: 770
Merit: 113
I don't really know to detect it. at least you should see telegram group, or bounty manager. and if there is still information from the bounty manager and there is still communication, I'm sure it's not a scam.
It's a good idea to check the ICO's truth using a portal or application that provides previews about ICO, such as cryptocompare, ICO bench, etc. In addition, checking out the developer team can be another alternative. Thus we can avoid a scam project.
hero member
Activity: 1666
Merit: 565
I don't really know to detect it. at least you should see telegram group, or bounty manager. and if there is still information from the bounty manager and there is still communication, I'm sure it's not a scam.

i don't know if you can be sure even in that case!
Sometimes ico become "scam" only becouse the devs are not able to rise enough money and so they can't make their plan with their project!
newbie
Activity: 4
Merit: 0
I think you can see how they manage it
The real ICO the devs are so work hard
sr. member
Activity: 630
Merit: 253
So many new ICO, and they all have new idea and tech listed on their webpages,

and even the websites use the same template...

but so many new ICO, how to check if it's scam, or worth to invest...
The problem i have found is its easy to hire people to do some of these things that is used to weigh a project if its legit or not, things like the whitepaper can be written by a person with so much crypto expereience and people also fall for a good looking website which basically should not fall under the criteria of finding a good project...things we need now is to know if real people are behind a project to avoid investing in ghost projects.


If need to choose the best ICO and find the scam bountry. Check the bounty manage and bounty project. This important for the people future investing. Some people try to create the scam bounty. So learn the with sheet. Then get ideas for the bountry project. People gather more information and get the best bounty token. If get best bounty token hold long time.
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